Enzolytics Inc (ENZC)

[docsetc]

Hey 'chilles, I hear what you're saying and in any normal corporate and stock structure, you'd be right. But in OTC:PINK land, they could have had some side deal as part of a 'separation clause' in the original merger contract. It would be good to see that actual contract from a few years back, but we probably never will. That clause might have stated both parties leave with what they entered the merger with. That may have given Charles the IPs back, even if unethically in a public shareholder situation.

Charles may be counting on PINK as his protection from any serious legal challenges, knowing the SEC and other state entities may not pursue such a case if it arises. I'd even bet he's prepared to move the company to Korea if the heat got bad enough from shareholder complaints.

There is so much still to be answered for in the BGEN dissolution from the SAGA deal, the IP ownerships and access, and this new hardware distribution model Sharabura wants to pursue now, etc.... I imagine every PR draft they do now, has about 100 revisions before they post it publicly. They've created their own minefield to tip-toe through at this point.

GLTY